The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1887-03-10
WORTHINGTON'S OPPORTU.
NIFTY.
A BROOM FACTORY AND TOW MLL-
FLOURING MILL. DAT MEAL MILL
AND OIL MIL.

An unusually full meeting of the
Board of Trade was held Saturday aft
ernoon and another one on Monday
afternoon. Articles were drawn up
and signed and bonus Of 1000 was
promptly raised to be given to the
Broom Factory when the conditions
are complied with.
A committee was also appointed to
raise 81 900 in aid of the oat meal and
oil mill enterprises, and we have no
doubt it will be promptly raised. We
believe that nearly every one WHO sub
scribed to the first fund in aid of the
broom factory, will subscribe the same
amount to the mill fund.
Mr.. C0nny thinks he can have his
broom factory in operation by July LIST,
and expects to work about IS hands.
Should Worthington secure these
enterprises, they will not only add
from 800 t" 500 to our population as
soon rs they are in full operation, but
they will he the nest egg of our manu-
faciuring fortune, or the stool pigeon
which will draw a flock of factories to
this point.
The benefits to the farmers ard to
the surrounding country will be as
marked rs to the town. Broom corn
culture will become quite AL industry
and new impetus will be given to fax,
Oat and wheat culture. WOrthingtOn
bot far ~ .,n
products Of the farmers from Fife
wheat to garden truck.
The articles adopted are rs follows,
uniting the preamble:
Therefore, it is proposed by said citi-
Zens that they will give and donate to
said J. V. COnney 4 Co. the sum of
$1,000 as Il bonus to secure the estab-
fishing of such Broom Factory and
Tow Mill rs aforesaid, said bonus to
he paid on and subject to the following
conditions:
/. The said J. V. Conny & Co. shall
agree and bind themselves, their heirs,
executors, administrators, ETC.. to es-
tablish and operate such Broom Fac
tory and Tow Mill for the term and
period of ten years, the same to be 10.
Gated and run within the limits of the
2. That the said COnney & Co.. will
agree and promise to purchase grounds
and erect thereon q building suitable
for such business (unless such building
should be bought with the land) aud to
place in such building the necessary
machinery for the prosecution of the
manufacture of brOoms and tow, such
machinery to cost not less than $4,000.
3. That said Conney 4 Co. will be-
gin the manufacture of OrOOmS in
Worthington not later than July /.
1857, and that as soon as their trade
will warrant it. they will employ \
force of hands sufficient to manufac.
ture and turn out from 100 to 500 doz-
ems of brOOms each and every working
day.
4. That they shall start their Tow
factory as soon as the flax suitable for
the purpose can be obtained from the
farmers from the crop of 1887, or soon-
er if practicable.
S. That they will give to trustee
appointed by and for and on behalf Of
the citizens of Worthington, Il first
mortgage upon the land and buildings
so occupied and used for such manu-.
factory and mill as aforesaid, which
said mortgage shall remain in full
force and effect for ten years to secure
the said sum of 81 900. 50 to be paid.
sald sum to bear no interest, and if at
the expiration of said time the said
factory is still continued with its full
running capacity, then the said mort
gage shall by such trustee be fully re-.
leased and satisfied with out any repay.
ment of any sum SO pa id to said Con.
ney & Co. .)but if the said factory and
mill should for any reason, except TEN.
porarily, cease to be operated and run.
then the said sum of 81 600 shall at
once become due and payable, and said
mortgage may be foreclosed.
6. That said Sum of 81 400 shall be
paid to said Conney & Co. as soon as
their said factory is ready for opera
tion for the manufacture of broOms.
7.'That the buildings and grounds to
be used for such manufactory shall be
worth at least 900 and the said sum
Of 81 900 shall be used towards paying
for said building and grounds.
Worthington, Minn.. March Z, 1887.
The above proposition and articles
were adopted by the Board Of Trade
Of Worthington, Minn., and by vote,
the President and Secretary were an.
thorized to sign the same on behalf of
said Board.
A. P. MILLER. President.
Il. r. MILLER, Secretary.